Established in1961, this Department has very illustrious history of academic excellence, teaching and research in this part of globe. Its alumni are well placed and hold high posts of responsibility in academia financial institutions, Indian Economic Service, RBI, NGO sector etc. Some faculty members are in important Government Committees. A research journal named, Jharkhand Journal of Economics is published annually by the Department.

Admission Eligibility: B.A/ B.A (Hons). Duration 2 years (Four semesters) with an exam at the end of each semester.

Research Degree:

MPhil: Eligibility MA with 55% marks in for General & OBC category and 50% marks for SC/ST categoryDuration 1 year (Two semesters)Doctorate Degrees:The University awards PhD degree .There is also a provision of awarding DLitt Degree.